Federal Bank to soon send names to RBI for CEO post; Q4 net flat

Federal Bank to soon send names to RBI for CEO post; Q4 net flat

Private lender Federal Bank will soon send the names of potential candidates for the post of managin..

97.76% of Rs 2,000 currency notes returned, says RBI

97.76% of Rs 2,000 currency notes returned, says RBI

The Reserve Bank of India (RBI) on Thursday said 97.76% of the Rs 2,000 denomination banknotes have ..

Bank credit to industry up, personal loans moderate

Bank credit to industry up, personal loans moderate

Bank credit to industry rose 8.5% in March 2024 compared to 5.6% a year ago while personal loans saw..

RBI whip: Axis Bank overtakes Kotak Mahindra Bank to become 4th most-valued bank

RBI whip: Axis Bank overtakes Kotak Mahindra Bank to become 4th most-valued bank

Kotak Mahindra Bank has seen a massive 13% erosion in market value after the Reserve Bank of India (..

ICICI Bank blocks 17,000 credit cards amid data breach

ICICI Bank blocks 17,000 credit cards amid data breach

If you are an ICICI Bank credit card customer, you may get concerned about a glitch in the lender’s ..

RBI stops Kotak Mahindra Bank from issuing new credit cards, adding customers online

RBI stops Kotak Mahindra Bank from issuing new credit cards, adding customers online

The Reserve Bank of India (RBI) has barred Kotak Mahindra Bank from onboarding new customers through..

RBI imposes restrictions on this Maharashtra-based cooperative bank

RBI imposes restrictions on this Maharashtra-based cooperative bank

The RBI has imposed several restrictions, including on withdrawals, on The Konark Urban Co-operative..

HDFC Credila raises $100 mn for loan expansion

HDFC Credila raises $100 mn for loan expansion

HDFC Credila Financial Services, an education loans-focused lender, has raised $100 million in exter..

RBI keeps repo rate unchanged

RBI keeps repo rate unchanged

The Reserve Bank of India (RBI) has kept the key policy repo rate unchanged at 6.5% for the seventh ..

Axis Bank credit card users hit by fraudulent international transactions

Axis Bank credit card users hit by fraudulent international transactions

Several Axis Bank credit card customers have been impacted by fraudulent overseas transactionsz*cxSt..

RBI modifies circular on AIF investments by regulated entities

RBI modifies circular on AIF investments by regulated entities

The Reserve Bank of India (RBI) has modified its circular on regulated entities’ (RE) investments in..

Central Bank of India CEO MV Rao named IBA chairman

Central Bank of India CEO MV Rao named IBA chairman

Central Bank of India managing director and chief executive officer MV Rao has been elected as the c..

RBI bars Federal Bank, South Indian Bank from adding co-branded credit card customers

RBI bars Federal Bank, South Indian Bank from adding co-branded credit card customers

The Reserve Bank of India (RBI) has directed Federal Bank and South Indian Bank to stop issuing new ..

Interest rates on small savings schemes remains unchanged

Interest rates on small savings schemes remains unchanged

The government has left the interest rates unchanged on various small savings schemes for the first ..

RBI asks credit card issuers to let customers choose networks

RBI asks credit card issuers to let customers choose networks

The Reserve Bank of India (RBI) has directed banks to provide an option to their eligible customers ..